Waystar Holding (WAY) Interest Coverage Ratio (2023 - 2026)

Waystar Holding (WAY) recorded quarterly Interest Coverage Ratio of 3.9 in Q1 2026, up 437.89% quarter-over-quarter from 1.15 in Q4 2025, and up 12.95% on a YoY basis from 3.45 in Q1 2025.

Waystar Holding (WAY) Interest Coverage Ratio (2023 - 2026) Analysis & Trends

Waystar Holding's Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 3.9 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 12.95% year-over-year to 3.9; the TTM figure through Mar 2026 stood at 50.42 (up 3441.5% YoY), while the FY2025 annual figure was 71.23, up 8320.94% from the prior year.
  • Interest Coverage Ratio was 3.9 for Q1 2026 at Waystar Holding, up from 1.15 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 23.44 in Q4 2023 to a low of 1.15 in Q4 2025.
  • Historically, Interest Coverage Ratio has averaged 5.06 across 4 years, with a median of 3.04 in 2024.
  • Biggest YoY gain for Interest Coverage Ratio was 2077.48% in 2025; the steepest drop was 143.59% in 2025.
  • A 4-year view of Interest Coverage Ratio shows it stood at 23.44 in 2023, then slumped by 88.71% to 2.65 in 2024, then sank by 143.59% to 1.15 in 2025, then jumped by 437.89% to 3.9 in 2026.
  • The last three Interest Coverage Ratio figures came in at 3.9 (Q1 2026), 1.15 (Q4 2025), and 3.44 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn -
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 3.15
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 8.18
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn -
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn -
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 3.90
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn -
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn -
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn -11.51

Historic Data

Download Data
DateValue
Mar 31, 2026 3.90
Dec 31, 2025 -1.15
Sep 30, 2025 3.44
Jun 30, 2025 3.55
Mar 31, 2025 3.45
Dec 31, 2024 2.65
Sep 30, 2024 1.47
Jun 30, 2024 0.16
Mar 31, 2024 0.63
Dec 31, 2023 23.44
Sep 30, 2023 0.63
Jun 30, 2023 18.59